Too Much of a Good Thing? Public Health Plan Could Have Huge Advantage in Market

www.foxnews.com | 10/23/2009 | Judson Berger

[socialismislost]

http://www.foxnews.com/politics/2009/10/23/good-thing-public-plan-huge-advantage-market/

[socialismislost]

Under the plan being pushed by House Speaker Nancy Pelosi, a government-run health insurance plan would provide nearly the same benefits as the other private plans in a new insurance exchange, at a fraction of the cost.

[the invisib1e hand]

Anytime the government enters the marketplace, it does so as a defacto monopolist. It's unjust and antithetical to a market economy. It is the very crux of the issue between a command economy and a free market economy.

Let them promise benefits at "a fraction of the cost." It's an illusion -- a willful deceit.

[Signalman]

Of course. There’s no way private plans can compete with the govt. because the govt. doesn’t have to make a profit. The govt. can simply undercut the private plans, charge less for premiums, and eventually drive them out of business. It’s really no “option” at all, and the Dems know it. It’s a ruse to, ultimately, have socialized medicine in this country.

[Mark]

http://www.foxnews.com/politics/2009/10/23/good-thing-public-plan-huge-advantage-market/

No, socialism seems to not be lost.

[socialismislost]

I was suprised to see this on foxnews of all places. Its like their making a case for a public option, which is crazy

[Seaplaner]

House Squeaker Pelosi pushes a government-run plan that...... would provide nearly the same benefits as the other private plans in a new insurance exchange, at a fraction of the cost.

And Squeaker Pelosi is correct, of course.

And I suspect that the fraction is something like 14/3.

.

[socialismislost]

Lol. I messed up posting the original article. Thanks for posting the link. That’s why I use my screenname. I keep wishing it will be lost forever.

[the invisib1e hand]

b!tches!

[socialismislost]

These is something about Pelosi that makes me sick to even look at her face.

[tophat9000]

[ArmyTeach]

Exactly. In fact, not only is the government not obligated to make a profit, it can run a deficit indefinitely, as long as it takes to bankrupt legitimate insurance carriers.